Borussia Dortmund, Cologne and Said El Mala
Friday

Borussia Dortmund have ended their pursuit of Cologne winger Said El Mala after their latest offer was rejected. Sporting managing director Lars Ricken confirmed Dortmund will not submit another proposal and that the 19-year-old will not join the club this summer.

Cologne have held firm around a reported €50m valuation for the Germany youth international, who remains under contract until 2030 without a release clause. Dortmund’s withdrawal formally closes weeks of negotiations and forces the club to consider alternative attacking targets.

Julian Alvarez, Atletico Madrid and Barcelona
Friday

Julian Alvarez has reportedly accepted that a summer move from Atletico Madrid to Barcelona will not happen and acknowledged to team-mates that he mishandled the situation. The Argentina striker had previously made Barcelona his preferred destination and pushed for an exit.

Atletico maintained throughout the window that Alvarez was not for sale, leaving the forward with little route to force a transfer. His change in stance effectively closes one of the summer’s longest-running major transfer stories unless circumstances shift dramatically.

Rangers, PSV Eindhoven and Couhaib Driouech
Friday

Rangers have withdrawn from their proposed move for PSV Eindhoven winger Couhaib Driouech after concerns over an existing injury. The Morocco Under-23 international had travelled to Glasgow and watched Rangers at Ibrox before the transfer unexpectedly collapsed.

Driouech will return to PSV instead of becoming Rangers’ tenth summer signing. The reversal comes only days after the clubs appeared close to completing a deal worth up to €8m and leaves Rangers still searching for additional attacking reinforcements.

Djed Spence, Tottenham Hotspur and Inter Milan
Friday

Tottenham defender Djed Spence has arrived in Milan ahead of completing his move to Inter. The 26-year-old England international is expected to undergo a medical after the clubs advanced negotiations for a transfer worth around €30m plus additional bonuses.

Spence’s arrival moves the deal beyond negotiations and places formal completion within reach. Tottenham can now continue reshaping their defensive group, while Serie A champions Inter add an athletic full-back who impressed during England’s run at the summer World Cup.

Tottenham Hotspur, Manchester City and Savinho
Friday

Tottenham are reportedly closing in on an agreement worth around £60m for Manchester City winger Savinho. The 22-year-old missed City’s latest training session through illness as Spurs continue negotiations for a player identified as a major attacking target this summer.

The timing increases expectations that the deal could advance before the transfer deadline, although Savinho’s absence was officially attributed to illness rather than negotiations. Tottenham are pushing to add another high-level winger after extensive summer squad changes under Roberto De Zerbi.

Manchester City, Chelsea and Enzo Fernandez
Friday

Manchester City are reportedly preparing a €120m offer for Chelsea midfielder Enzo Fernandez as they reshape midfield following Tijjani Reijnders’ departure. Chelsea have set a deadline for bids and are said to value the Argentina international substantially above City’s proposed figure.

The move would turn City’s earlier interest into a concrete attempt before Chelsea’s deadline. Fernandez is reportedly open to joining, but the clubs remain apart on valuation, meaning City must decide whether to increase an already enormous proposal to complete the transfer.